The United Dairymen of Arizona recently took down space in one of the few new, speculative cold storage facilities in the Phoenix metro.
The facility was developed by Idaho-based Cold Summit Development and has room for future expansion. Demand for cold storage spacedue to the Covid-19 pandemic and e-commerce, but much of the nation's supply is outdated, including in the Valley. "As UDA was looking to expand our product portfolio, an opportunity to vertically integrate our supply chain at Cold Summit’s state-of-the-art facility became available," said Ashley Ellixson, chief business operations officer at UDA, in an email."There are few options for cold storage in the area and this was a perfect solution as it’s in close proximity to the railroad."
Tony Lydon, Marc Hertzberg, John Lydon and Tim O'Rourke of JLL's Phoenix office team are listed as the leasing brokers for the facility.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Phoenix-based Echo West real estate firm looks to grow - Phoenix Business JournalEcho West is a Phoenix-based investment brokerage that specializes in the sale and advisory of net leased assets – mostly single and multi-tenant retail properties. They've already had some early successes. White men can be so diverse
Source: phxbizjournal - 🏆 254. / 63 Read more »
Latest Inc. 5000 list sees another increase in Arizona companies - Phoenix Business JournalThis is the fourth-straight year that Arizona has had an increase in companies on the prestigious Inc. 5000 list. Here's who made the cut in 2022. Congratulations 👏 QwickShifts as fastest growing company in AZ! yesPHX
Source: phxbizjournal - 🏆 254. / 63 Read more »
Activist investor Starboard Value invests in Arizona's GoDaddy (GDDY), NortonLifeLock (NLOK) - Phoenix Business JournalStarboard Value, an investment firm that has previously caused major shakeups at public companies, adjusted its holdings in three Arizona companies recently. See how the firms were impacted.
Source: phxbizjournal - 🏆 254. / 63 Read more »
Latest Inc. 5000 list sees another increase in Arizona companies - Phoenix Business JournalThis is the fourth-straight year that Arizona has had an increase in companies on the prestigious Inc. 5000 list. Here's who made the cut in 2022.
Source: phxbizjournal - 🏆 254. / 63 Read more »
Nordstrom Rack, other retailers sign on to open at Desert Ridge Marketplace - Phoenix Business JournalDesert Ridge Marketplace is now 98% leased after signing on five more retailers and restaurants at the massive shopping center in north Phoenix.
Source: phxbizjournal - 🏆 254. / 63 Read more »